Permian Resources Closes $4.5B Earthstone Energy Acquisition
Permian Resources’ acquisition of Earthstone Energy increases its leasehold to more than 400,000 net acres and its production to 300,000 boe/d.
Matador ‘Encouraged’ as Delaware Horseshoe Wells Lower Drilling Costs
Matador Resources reported promising results—and lower drilling costs—from its first batch of U-shaped “horseshoe” wells in the Permian Basin.
Northern Oil and Gas A&D Gains Traction through Permian ‘Ground Game’
Northern Oil and Gas picked up more wells and acreage in the third quarter and upped its capex as, so far this year, the company cobbled together nearly 30 net locations through 31 transactions.
More Consolidation Could Increase Focus on Emissions Reduction
‘Consolidation is going to translate to probably more intensive efforts around low carbon,’ Pickering Energy Partners founder says in the wake of Exxon Mobil's massive acquisition of Pioneer Natural Resources.
Silencing the Doubters: Occidental CEO Vicki Hollub Lauded for Anadarko Deal
Four years after acquiring Anadarko Petroleum, Occidental CEO Vicki Hollub has proved her critics wrong, and she credits the deal with carrying the company through the depths of the pandemic.
Milestone Carbon Announces Second Land Agreement for CCS
Milestone Carbon is leasing 22,000 acres of land and pore space from Texas Pacific Land Corp. in the Permian Basin for the geologic sequestration of CO2.
CEO: Vital Energy Sees ‘A Lot More Opportunity’ for Permian M&A
Vital Energy has pumped nearly $2 billion into Permian Basin acquisitions this year. To continue growing Vital’s oil weighting and inventory, CEO Jason Pigott sees opportunity for more deals.
Exclusive: Kinetik's Projects, Plans for the Delaware [WATCH]
Kinetik is a relatively new company, having been formed just last year with the merger of Altus Midstream and EagleClaw Midstream. In this Hart Energy LIVE Exclusive, Kinetik CFO Trevor Howard walks through Kinetik's big projects and future plans
Exxon Bringing Longer Laterals, New Tech to Pioneer Acreage
With a $60 billion acquisition of Pioneer Natural Resources, Exxon plans to deploy its fine-tuned Delaware Basin drilling strategy into the heart of the Midland Basin, executives say.
Exclusive: Matador Deals Driven by Geology, Right Opportunity [WATCH]
CEO of Matador Resources Joe Foran explains in this Hart Energy LIVE Exclusive why the company's April acquisition of Advance Energy Partners was so lucrative and what it would take for the company to take on any other large deals.